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ROOT SPORTS, fuboTV Announce Distribution Agreement

ROOT SPORTS, fuboTV Announce Distribution Agreement

fuboTV Customers Will Receive ROOT SPORTS, Including Seattle Mariners, Seattle Kraken and Portland Trail Blazers Games

NEW YORK–(BUSINESS WIRE)–
ROOT SPORTS, the TV home of the Seattle Mariners, Seattle Kraken and Portland Trail Blazers regional game telecasts, and fuboTV (NYSE: FUBO), the leading sports-first live TV streaming platform, announced today an agreement for fuboTV to carry ROOT SPORTS ahead of the much-anticipated inaugural Seattle Kraken season and the return of the Portland Trail Blazers to ROOT SPORTS.

This press release features multimedia. View the full release here: https://www.businesswire.com/news/home/20210909006116/en/

Through the deal, fuboTV will stream ROOT SPORTS’ extensive coverage of Northwest professional sports. ROOT SPORTS will have coverage of over 300 live regular season games of the Seattle Mariners, Seattle Kraken and Portland Trail Blazers, as well as other ancillary programming and behind-the-scenes content. The regional sports network (RSN) is available throughout the states of Washington, Oregon, Montana, Alaska and portions of Idaho. For a full coverage map visit Territory Map | ROOT SPORTS.

The addition of ROOT SPORTS strengthens fuboTV’s sports offering, which includes more than 50,000 live sporting events annually, with many streaming in 4K, and more regional sports networks in its base package than any other live TV streaming platform. The agreement also increases fuboTV’s local coverage in the Northwest, where it already carries ABC, CBS, FOX and NBC affiliates in Seattle and Portland alongside national sports networks ESPN, FS1, CBS Sports Network, the Pac-12 Networks and many more. In addition to sports, fuboTV also streams popular live entertainment and news programming and features more than 40,000 TV shows and movies on-demand each month.

“We could not be more excited to announce this deal with fuboTV,” said Nina Kinch, Vice President of Affiliate Relations for AT&T Sports Networks, managing partner of ROOT SPORTS. “We know that fans are eagerly anticipating the inaugural season of the Seattle Kraken and the return of the Portland Trail Blazers to ROOT SPORTS and the announcement of this new deal will give fans even more ways to get access to ROOT SPORTS and guarantee they have access to all Seattle Kraken, Portland Trail Blazers and Seattle Mariners games.”

“fuboTV is focused on bringing consumers their favorite hometown teams, alongside national and international sports coverage, and today’s partnership with ROOT SPORTS strengthens our offering in the Northwest,” said Ben Grad, Senior Vice President of Content Strategy and Acquisition for fuboTV. “We mirror fans’ excitement for the Seattle Kraken’s debut season, and we’re thrilled to bring fans in the Northwest streaming coverage of the Kraken alongside the Mariners and Trail Blazers. The addition of ROOT SPORTS means consumers can catch every game available for local telecast with fuboTV at an affordable price.”

About ROOT SPORTS

ROOT SPORTS™ is the television home of the Seattle Mariners, Seattle Kraken, Portland Trail Blazers, Seattle Seahawks, Portland Timbers, Seattle Seawolves, Gonzaga Bulldogs, and Big Sky Conference. The network delivers more than 500 live events each year across a five-state footprint. ROOT SPORTS is operated by AT&T Sports Networks, which operates regional sports networks in the Northwest, Pittsburgh, Rocky Mountain and Southwest regions. The four networks combined reach across 22 states and own exclusive rights to produce and distribute live events from more than 25 teams and conferences.

About fuboTV

With a mission to provide the world’s most thrilling sports-first live TV experience through the greatest breadth of premium content, interactivity and integrated wagering, fuboTV Inc. (NYSE: FUBO) is focused on bringing to life its vision of a streaming platform that transcends the industry’s current virtual MVPD model. fuboTV Inc. operates in the U.S., Canada and Spain. Leveraging its proprietary data and technology platform optimized for live TV and sports viewership, fuboTV Inc. aims to turn passive viewers into active participants and define a new category of interactive sports and entertainment television. Through its cable TV replacement product, fuboTV, subscribers can stream a broad mix of 100+ live TV channels, including 74 of the top 100 Nielsen-ranked networks across sports, news and entertainment — more than any other live TV streaming platform (source: Nielsen Total Viewers, 2020). Subscribers can interact with fuboTV’s live streaming experience through predictive free-to-play games, which are integrated into select sports content.

Fubo Gaming Inc., a subsidiary of fuboTV Inc., expects to launch Fubo Sportsbook, a comprehensive sports entertainment experience through sports betting, in Q4 2021, subject to obtaining requisite regulatory approvals.

Cautionary Note Regarding Forward-Looking Statements

This press release contains forward-looking statements of fuboTV Inc. (“fuboTV”) that involve substantial risks and uncertainties. All statements contained in this press release that do not relate to matters of historical fact are forward-looking statements within the meaning of The Private Securities Litigation Reform Act of 1995, including statements regarding our market opportunity, business strategy and plans, the continued shift in consumer behavior and the expected launch of free to play games, FanView and Fubo Sportsbook]. The words “could,” “will,” “plan,” “intend,” “anticipate,” “approximate,” “expect,” “potential,” or the negative of these terms or other similar expressions are intended to identify forward-looking statements, although not all forward-looking statements contain these identifying words. Actual results or events could differ materially from the plans, intentions and expectations disclosed in the forward-looking statements that fuboTV makes due to a number of important factors, including but not limited to risks related to our pursuit and engagement in acquisitions; our actual operating results may differ significantly from our guidance; risks related to the Company’s access to capital and fundraising prospects to fund its ongoing operations and support its planned growth; the restrictions imposed by content providers on our distribution and marketing of our products and services; our reliance on third party platforms to operate certain aspects of our business; risks related to our technology, as well as cybersecurity and data privacy-related risks; our ability to achieve or maintain profitability; our revenue and gross profit are subject to seasonality; our operating results may fluctuate; our ability to attract and retain subscribers; we may not be able to license streaming content or other rights on acceptable terms; risks related to our ability to capitalize develop and market a sports wagering offering and the regulatory regime and related risks associated with such offering; risks related to the difficulty in measuring key metrics related to our business; risks related to the highly competitive nature of our industry; risks related to ongoing or future legal proceedings; and other risks, including the effects of industry, market, economic, political or regulatory conditions, future exchange and interest rates, and changes in tax and other laws, regulations, rates and policies, including the impact of COVID-19 on the broader market. Further risks that could cause actual results to differ materially from those matters expressed in or implied by such forward-looking statements are discussed in our Quarterly Report on Form 10-Q for the quarterly period ended June 30, 2021 filed with the Securities and Exchange Commission (“SEC”) on August 11, 2021 and our other periodic filings with the SEC. We encourage you to read such risks in detail. The forward-looking statements in this press release represent fuboTV’s views as of the date of this press release. fuboTV anticipates that subsequent events and developments will cause its views to change. However, while it may elect to update these forward-looking statements at some point in the future, it specifically disclaims any obligation to do so. You should, therefore, not rely on these forward-looking statements as representing fuboTV’s views as of any date subsequent to the date of this press release.

Media:

Leslie Cox, ROOT SPORTS

[email protected]

Jennifer L. Press, fuboTV

[email protected]

Bianca Illion, fuboTV

[email protected]

Investors:

Alison Sternberg, fuboTV

[email protected]

The Blueshirt Group for fuboTV

[email protected]

KEYWORDS: United States North America New York

INDUSTRY KEYWORDS: Hockey Basketball Entertainment Baseball Sports TV and Radio General Sports

MEDIA:

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Fortress Transportation and Infrastructure Investors LLC Prices Its Public Offering of Common Shares

NEW YORK, Sept. 09, 2021 (GLOBE NEWSWIRE) — Fortress Transportation and Infrastructure Investors LLC (NYSE:FTAI) (the “Company”) announced today that it has priced its previously announced registered underwritten public offering of 12,000,000 of its common shares, representing limited liability company interests (the “Common Shares”), at a public offering price of $25.50 per share for gross proceeds of approximately $306 million. The offering is expected to close on September 14, 2021, subject to customary closing conditions. In connection with the offering, the underwriters have been granted a 30-day option to purchase up to 1,800,000 additional Common Shares.

The Company intends to use the net proceeds from this offering to repay a portion of the amounts outstanding under the senior unsecured bridge term loans that were obtained to finance and pay certain fees and expenses related to the Company’s purchase on July 28, 2021 of 100% of the equity interests in Transtar, LLC, which was a wholly-owned short-line railroad subsidiary of United States Steel Corporation.

Barclays, Morgan Stanley and Citigroup are acting as joint book-running managers for the proposed offering.

The offering is being made pursuant to the Company’s effective shelf registration statement on Form S-3 filed with the Securities and Exchange Commission (“SEC”). The offering will be made only by means of a prospectus and a related prospectus supplement. Prospective investors should read the prospectus supplement and the prospectus in that registration statement and other documents the Company has filed or will file with the SEC for more complete information about the Company and the offering. You may obtain these documents for free by visiting EDGAR on the SEC’s website at www.sec.gov. Alternatively, copies of the prospectus and prospectus supplement may be obtained from Barclays, c/o Broadridge Financial Solutions, 1155 Long Island Avenue, Edgewood, NY 11717 (Telephone: 800-603-5847; Email: [email protected]); Morgan Stanley, 180 Varick Street, 2nd Floor, New York, NY 10014, Attention: Prospectus Department; or Citigroup, c/o Broadridge Financial Solutions, 1155 Long Island Avenue, Edgewood, NY 11717 (Telephone: 800-831-9146).

This press release does not constitute an offer to sell or a solicitation of an offer to buy the securities described herein, nor shall there be any sale of these securities in any state or other jurisdiction in which such an offer, solicitation or sale would be unlawful prior to registration or qualification under the securities laws of any such jurisdiction.

About Fortress Transportation and Infrastructure Investors LLC

Fortress Transportation and Infrastructure Investors LLC owns and acquires high quality infrastructure and equipment that is essential for the transportation of goods and people globally. FTAI targets assets that, on a combined basis, generate strong and stable cash flows with the potential for earnings growth and asset appreciation. FTAI is externally managed by an affiliate of Fortress Investment Group LLC, a leading, diversified global investment firm.

Cautionary Language Regarding Forward-Looking Statements

This press release contains “forward-looking statements” within the meaning of the Private Securities Litigation Reform Act of 1995, including but not limited to the Company’s anticipated use of the net proceeds from the offering. Forward-looking statements are not statements of historical fact but instead are based on our present beliefs and assumptions and on information currently available to the Company. You can identify these forward-looking statements by the use of forward-looking words such as “outlook,” “believes,” “expects,” “potential,” “continues,” “may,” “will,” “should,” “could,” “seeks,” “approximately,” “predicts,” “intends,” “plans,” “estimates,” “anticipates,” “target,” “projects,” “contemplates” or the negative version of those words or other comparable words. Any forward-looking statements contained in this press release are based upon our historical performance and on our current plans, estimates and expectations in light of information currently available to us. The inclusion of this forward-looking information should not be regarded as a representation by us, that the future plans, estimates or expectations contemplated by us will be achieved. Such forward-looking statements are subject to various risks and uncertainties and assumptions relating to our operations, financial results, financial condition, business, prospects, growth strategy and liquidity. Accordingly, there are or will be important factors that could cause our actual results to differ materially from those indicated in these statements, including, but not limited to, the risk factors set forth in Item 1A. “Risk Factors” of the Company’s Annual Report on Form 10-K for the fiscal year ended December 31, 2020 and Quarterly Reports on Form 10-Q for the fiscal quarters ended March 31, 2021 and June 30, 2021, as updated by annual, quarterly and other reports the Company files with the SEC.

For further information, please contact:

Alan Andreini
Investor Relations
Fortress Transportation and Infrastructure Investors LLC
(212) 798-6128
[email protected]



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TaskUs Appoints Kelly Tuminelli To Board of Directors

NEW BRAUNFELS, Texas, Sept. 09, 2021 (GLOBE NEWSWIRE) — TaskUs, a leading provider of outsourced digital services and next-generation customer experience to innovative and disruptive technology companies, today announced the appointment of Kelly Tuminelli, Executive Vice President and Chief Financial Officer of TriNet, to its Board of Directors and Audit Committee.

As the current CFO of TriNet (NYSE: TNET), a professional employer organization that provides small and medium-sized businesses with full-service HR solutions tailored by industry, Ms. Tuminelli brings more than 25 years of financial leadership in multiple industries. Her broad-based experience includes six years in public accounting and launching initial public offerings on exchanges in three different countries.

“Kelly is an experienced and passionate leader who brings a wealth of knowledge to TaskUs,” said Bryce Maddock, TaskUs CEO and Co-Founder. “The combination of her public company experience and deep understanding of providing scalable services to innovators make her the perfect addition to our Board of Directors.”

Prior to joining TriNet, Ms. Tuminelli served as the Executive Vice President and Chief Financial Officer at Genworth. Prior to her fifteen year tenure at Genworth, she held leadership roles at GE Capital and PricewaterhouseCoopers. She is a Certified Public Accountant and a Chartered Global Management Accountant and has served on several non-profit boards including AMP! Metro Richmond, a Richmond-based middle school mentoring program, and she was Chair of the American Heart Association’s Richmond-area Go Red for Women campaign.

“TaskUs works with some of the most innovative technology companies in the world, and I am excited to join its Board of Directors,” said Kelly Tuminelli. “I look forward to working with the TaskUs management team and other directors as TaskUs continues to make an impact on its industry in the coming years.”

Since its inception, TaskUs has grown exponentially, from five employees in a one-room office in Manila to over 31,500 employees across more than 20 sites in eight different countries.

To learn more about TaskUs, visit https://www.taskus.com or the following social media accounts:

About TaskUs

TaskUs is a provider of outsourced digital services and next-generation customer experience to innovative and disruptive technology companies, helping its clients represent, protect and grow their brands. Leveraging a cloud-based infrastructure, TaskUs serves clients in the fastest-growing sectors, including social media, e-commerce, gaming, streaming media, food delivery and ridesharing, HiTech, FinTech and HealthTech. As of June 30, 2021, TaskUs had approximately 31,500 employees across twenty locations in the United States, the Philippines, India, Mexico, Taiwan, Greece, Ireland and Colombia.


Media Contact:

David de Castro

TaskUs
[email protected]

Rohj Mariano

TaskUs
[email protected]



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77th United States Secretary of the Treasury Steven Mnuchin Added to TriNet PeopleForce Roster of Esteemed Speakers

Member of Former President Trump’s Cabinet, Investment Banker and Entrepreneur to Speak at 2nd Annual Award-Winning Conference Focused on Business Transformation, Agility and Innovation for Small and Medium-Size Businesses

PR Newswire

DUBLIN, Calif., Sept. 9, 2021 /PRNewswire/ — TriNet, a leading provider of comprehensive human resources for small and medium-size businesses (SMBs), today announced the addition of the 77th U.S. Secretary of the Treasury, Steven Mnuchin, to its roster of thought leaders and influencers at the 2nd annual, award-winning, TriNet PeopleForce 2021. The four-day conference will be held in-person from The Times Center in New York City (built by renowned architect Renzo Piano) and virtually from anywhere. The event kicks off on September 13 with an impressive roster of distinguished speakers sharing timely and insightful content vital to business success and the future of work.

Mnuchin was sworn in as the 77th Secretary of the Treasury on February 13, 2017. Prior to his confirmation, he also served as Founder, Chairman, and Chief Executive Officer of Dune Capital Management. He also founded OneWest Bank Group LLC and served as its Chairman and Chief Executive Officer until its sale to CIT Group Inc. Earlier in his career, he worked as Partner and Chief Information Officer at The Goldman Sachs Group, Inc.

Mnuchin’s fireside discussion will focus on:

  • The state of the U.S. economy
  • Optimizing capital as a small or medium-size business

“We are fortunate to have Former Secretary of the Treasury, Steven Mnuchin. He brings an insider’s perspective to discussions around the economy and policies affecting the future for America’s small and medium-size businesses,” said TriNet Senior Vice President, Chief Marketing Officer and Chief Communications Officer Michael Mendenhall. “His immense expertise and foresight on this very crucial topic will be a huge benefit for business leaders trying to strategically plan their company’s growth.”  

Mnuchin is committed to philanthropic activities and the arts, and previously served on the boards of the Museum of Contemporary Art Los Angeles, the Whitney Museum of Art, the Hirshhorn Museum and Sculpture Garden, the UCLA Health System, the New York Presbyterian Hospital and the Los Angeles Police Foundation. He holds a bachelor’s degree from Yale University.

Occurring September 13-16, TriNet PeopleForce is a one-of-a-kind event taking place both virtually and in-person from New York City. The conference brings together business, culture and the arts with a roster of high-profile leaders to help SMBs reimagine, rebuild and move forward as they come out of the COVID-19 pandemic. Attendees will hear from renowned speakers and experts on topics such as SMB agility, calculated risk-taking, the future of work, business resiliency, DEI, healthcare, the state of the economy for SMBs and much more. TriNet PeopleForce also fosters networking opportunities for its participants with business leaders from across the country.

To register for the virtual conference, click here.  

Those wishing to attend the live SMB event in New York City can request a ticket by emailing [email protected].

About TriNet
TriNet (NYSE: TNET) provides small and medium-size businesses (SMBs) with full-service HR solutions tailored by industry. To free SMBs from HR complexities, TriNet offers access to human capital expertise, benefits, risk mitigation and compliance, payroll and real-time technology. From Main Street to Wall Street, TriNet empowers SMBs to focus on what matters most-growing their business. TriNet, incredible starts here. For more information, visit TriNet.com or follow us on Twitter.


Investors:


Media:

Alex Bauer

Renee Brotherton

TriNet

TriNet



[email protected]


[email protected]

(510) 875-7201

(925) 965-8441

 

Cision View original content to download multimedia:https://www.prnewswire.com/news-releases/77th-united-states-secretary-of-the-treasury-steven-mnuchin-added-to-trinet-peopleforce-roster-of-esteemed-speakers-301373027.html

SOURCE TriNet Group, Inc.

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Copa Holdings Announces Monthly Traffic Statistics For August 2021

PR Newswire

PANAMA CITY, Sept. 9, 2021 /PRNewswire/ — Copa Holdings, S.A. (NYSE: CPA), today released preliminary passenger traffic statistics for August 2021:



Operating Data


August


August


% Change


2021


2019


Copa Holdings  (Consolidated)

  ASM (mm) (1)

1,475.9

2,125.5

-30.6%

  RPM (mm) (2)

1,174.5

1,812.2

-35.2%


  Load Factor (3)


79.6%


85.3%


-5.7p.p.

1.  Available seat miles – represents the aircraft seating capacity multiplied by the number of miles the seats are flown.

2.  Revenue passenger miles – represents the numbers of miles flown by revenue passengers

3.  Load factor – represents the percentage of aircraft seating capacity that is actually utilized

Given the irregular nature of the Company’s operations starting in March 2020 due to the Covid-19 pandemic, we will compare this and future traffic reports to 2019 statistics. 

Consolidated capacity (ASMs) came in 30.6% lower than August 2019, while passenger traffic (RPMs) decreased 35.2%, which resulted in a 79.6% load factor.

Copa Holdings is a leading Latin American provider of passenger and cargo services.  The Company, through its operating subsidiaries, provides service to countries in North, Central and South America and the Caribbean.  For more information visit

www.copa.com

.

CPA-G

CONTACT: 
Daniel Tapia – Panamá
Director – Investor Relations
011 (507) 304-2774

Cision View original content:https://www.prnewswire.com/news-releases/copa-holdings-announces-monthly-traffic-statistics-for-august-2021-301373025.html

SOURCE Copa Holdings, S.A.

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Allison Transmission Announces Technology Day

Allison Transmission Announces Technology Day  

INDIANAPOLIS–(BUSINESS WIRE)–
Allison Transmission Holdings Inc. (NYSE: ALSN), Allison Transmission, a leading designer and manufacturer of conventional and electrified vehicle propulsion solutions and the largest global manufacturer of medium- and heavy-duty fully automatic transmissions for commercial and defense vehicles, today announced that it will host a virtual Technology Day on Wednesday, October 6, 2021 at 10:00 AM ET.

Allison Transmission’s leadership team will discuss the company’s longstanding commitment to innovation, Allison’s strategy for its portfolio of conventional and electrified propulsion solutions and the latest product development initiatives. Presentations will be followed by a live Q&A.

Technology Day Topics and Speakers:

Introduction and Strategic Overview

Dave Graziosi, Chairman and Chief Executive Officer

Commercial EV Opportunity and Go-to-Market Strategy

John Coll, Senior Vice President, Global Marketing, Sales & Service

EV OEM Engagement and Startup Perspective

Alex Schey, Chief Commercial Officer, Electrification

EV Investment Strategy and Development Capabilities

Ryan Millburn, Vice President, Product Engineering

Differentiated EV Technology

Mike Foster, Executive Director – Chief Technology Officer

North America On-Highway Innovation & Market Expansion Opportunities

Rohan Barua, Vice President, North America Sales, Global Channel & Aftermarket

Outside North America On-Highway Innovation & Global Market Trends

Heidi Schutte, Vice President, EMEA, APAC & South America Sales

Global Off-Highway Product Development & Initiatives

Kartik Ramanan, Executive Director, Global Off Highway, Customer Support & Service Engineering

Differentiated Conventional Technology – On- & Off-Highway Products

Conrad Rockey, Vice President, Commercial Powertrain Engineering

Defense, Innovative Product Development & Growth Opportunities

Dana Pittard, Vice President, Defense Programs

To join the event please visit:

http://marketing.allisontransmission.com.pages.services/virtual-technology-day-registration

About Allison Transmission

Allison Transmission (NYSE: ALSN) is a leading designer and manufacturer of vehicle propulsion solutions for commercial and defense vehicles, the largest global manufacturer of medium- and heavy-duty fully automatic transmissions, and a leader in electrified propulsion systems that Improve theWay the World Works. Allison products are used in a wide variety of applications, including on-highway trucks (distribution, refuse, construction, fire and emergency), buses (school, transit and coach), motorhomes, off-highway vehicles and equipment (energy, mining and construction applications) and defense vehicles (tactical wheeled and tracked). Founded in 1915, the company is headquartered in Indianapolis, Indiana, USA. With a presence in more than 150 countries, Allison has regional headquarters in the Netherlands, China and Brazil, manufacturing facilities in the USA, Hungary and India, as well as global engineering resources, including electrification engineering centers in Indianapolis, Indiana, Auburn Hills, Michigan and London in the United Kingdom. Allison also has more than 1,400 independent distributor and dealer locations worldwide. For more information, visit allisontransmission.com.

Raymond Posadas

Managing Director, Investor Relations

[email protected]

(317) 242-3078

Media Relations

[email protected]

(317) 242-5000

KEYWORDS: Indiana United States North America

INDUSTRY KEYWORDS: Aftermarket Automotive General Automotive Automotive Manufacturing Manufacturing Performance & Special Interest

MEDIA:

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Frequency Electronics Announces 1st Quarter Financial Results Conference Call: Monday September 13, 2021, at 4:30 PM ET

MITCHEL FIELD, N.Y., Sept. 09, 2021 (GLOBE NEWSWIRE) — Frequency Electronics, Inc. (NASDAQ: FEIM), will hold a conference call to discuss results for the first quarter of its fiscal year 2022, ended July 31, 2021, on Monday September 13, 2021, at 4:30 PM Eastern Time.

This call is being webcast by [email protected] and can be accessed in the Investor Relations section of Frequency’s web site at www.freqelec.com. Investors and analysts may also access the call by dialing 877-407-9205. International callers may dial 201-689-8054. Callers should ask for the Frequency Electronics conference call.

A telephone replay of the archived call will be available at 877-481-4010 (domestic), or 919-882-2331 (international), for one week following the call (replay passcode: 42804). Subsequent to that, the call can be accessed via a link available on the company’s website through December 13, 2021.


About Frequency Electronics

Frequency Electronics, Inc. is a world leader in the design, development and manufacture of high precision timing, frequency generation and RF control products for space and terrestrial applications. Frequency’s products are used in satellite payloads and in other commercial, government and military systems including C4ISR and electronic warfare, missiles, UAVs, aircraft, GPS, secure communications, energy exploration and wireline and wireless networks. Frequency has received over 100 awards of excellence for achievements in providing high performance electronic assemblies for over 150 space and DOD programs. The Company invests significant resources in research and development to expand its capabilities and markets.

Frequency’s Mission Statement: “Our mission is to provide precision time and low phase noise frequency generation systems from 1 Hz to 50 GHz, for space and other challenging environments.”

Subsidiaries and Affiliates: FEI-Zyfer provides GPS and secure timing (“SAASM”) capabilities for critical military and commercial applications; FEI-Elcom Tech provides Electronic Warfare (“EW”) sub-systems and state-of-the-art RF microwave products. Additional information is available on the Company’s website: www.frequencyelectronics.com

Contact information: Stanton Sloane, President & Chief Executive Officer; Steven Bernstein, Chief Financial Officer;

Telephone: (516) 794-4500 ext.5000 WEBSITE: www.freqelec.com



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Centrus Energy Corp. to Present at Lake Street’s 5th Annual Best Ideas Growth (BIG5) Conference September 14-15, 2021

PR Newswire

BETHESDA, Md., Sept. 9, 2021 /PRNewswire/ — Centrus Energy Corp. (NYSE American: LEU), supplier of nuclear fuel components and services for the nuclear power industry that is also conducting a High-Assay, Low-Enriched Uranium (HALEU) enrichment demonstration program for the U.S. Department of Energy, today announced that Daniel B. Poneman, President and Chief Executive Officer, and Philip Strawbridge, Chief Financial Officer, are scheduled to present at the Lake Street 5th Annual Best Ideas Growth (BIG5) Conference, which is being held virtually on September 14-15, 2021.

For more information, visit https://www.lakestreetcapitalmarkets.com/big5conference, contact your Lake Street representative, or email [email protected] or call 612-326-1305. 

To receive additional information, request an invitation, or to schedule a one-on-one meeting, please contact your Lake Street representative.

About Centrus Energy

Centrus Energy is a trusted supplier of nuclear fuel and services for the nuclear power industry. Centrus provides value to its utility customers through the reliability and diversity of its supply sources – helping them meet the growing need for clean, affordable, carbon-free electricity. Since 1998, the Company has provided its utility customers with more than 1,750 reactor years of fuel, which is equivalent to 7 billion tons of coal. With world-class technical and engineering capabilities, Centrus is also advancing the next generation of centrifuge technologies so that America can restore its domestic uranium enrichment capability in the future. Find out more at www.centrusenergy.com.

Contacts:

Investors: Dan Leistikow (301) 564-3399 or [email protected]
Media: Lindsey Geisler (301) 564-3392 or [email protected]

Cision View original content to download multimedia:https://www.prnewswire.com/news-releases/centrus-energy-corp-to-present-at-lake-streets-5th-annual-best-ideas-growth-big5-conference-september-14-15-2021-301373012.html

SOURCE Centrus Energy Corp.

Notification of Sources of Distribution

Distribution Period

August 2021

Distribution Amount Per Share of Common Stock

$0.065

The following table sets forth the estimated amounts of the current distribution, payable September 10, 2021, together with the cumulative distributions paid this fiscal year-to-date (YTD) from the following sources.  The fiscal year is November 1, 2020 to October 31, 2021.  All amounts are expressed per share of common stock based on U.S. generally accepted accounting principles, which may differ from federal income tax regulations.


Distribution Estimates


August 2021


Fiscal YTD


Sources


Per Share Amount


% of Current
Distribution


Per Share Amount


% of Cumulative
Distributions

Net Investment Income

$0.016

25%

$0.215

33%

Net Realized Short-Term Capital Gains

–

–

0.006

1%

Net Realized Long-Term Capital Gains

0.029

44%

0.416

64%

Return of Capital (or Other Capital Source)

0.020

31%

0.013

2%


Total (per common share)


$0.065


100%


$0.650


100%


July 31, 2021

Average annual total return* on NAV for the 5 years

7.88%

Annualized current distribution rate as a percentage of NAV

8.08%

Cumulative total return on NAV for the fiscal YTD

18.95%

Cumulative fiscal YTD distributions as a percentage of NAV

6.06%

The Fund will issue a separate 19(a) notice at the time of each monthly distribution using the most current financial information available. You should not draw any conclusions about the Fund’s investment performance from the amount of this distribution or from the terms of the Fund’s managed distribution plan.

The Fund estimates that it has distributed more than its income and capital gains; therefore, a portion of your distribution may be a return of capital.  A return of capital may occur, for example, when some or all of the money that you invested in the Fund is paid back to you.  A return of capital distribution does not necessarily reflect the Fund’s investment performance and should not be confused with “yield” or “income.”

The amounts and sources of distributions reported in this notice are only estimates and are not being provided for tax reporting purposes.  The actual amounts and sources of the amounts for tax reporting purposes will depend upon the Fund’s investment experience during the remainder of the fiscal year and may be subject to changes based on tax regulations.  The Fund or your broker will send you a Form 1099-DIV for the calendar year that will tell you how to report these distributions for federal income tax purposes.

* Simple arithmetic average of each of the past five annual returns.

DNP Select Income Fund Inc. (NYSE: DNP) is a closed-end diversified investment management company.  The Fund’s primary investment objectives are current income and long-term growth of income.  The Fund seeks to achieve these objectives by investing primarily in a diversified portfolio of equity and fixed income securities of companies in the public utilities industry.  For more information, visit the Fund’s website at www.dpimc.com/dnp or call the Fund at (800) 864-0629.

Cision View original content:https://www.prnewswire.com/news-releases/dnp-select-income-fund-inc-section-19a-notice-301369145.html

SOURCE DNP Select Income Fund Inc.

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Bank OZK Announces Pricing of $350 Million of 2.750% Fixed-to-Floating Rate Subordinated Notes due 2031

LITTLE ROCK, Ark., Sept. 09, 2021 (GLOBE NEWSWIRE) — Bank OZK (the “Bank”) (Nasdaq: OZK) today announced the pricing of its public offering of $350 million aggregate principal amount of its 2.750% Fixed-to-Floating Rate Subordinated Notes due 2031 (the “Notes”). The Notes will initially bear interest at a fixed rate of 2.750% per annum, payable semi-annually in arrears on each April 1 and October 1 commencing April 1, 2022 to, but excluding, October 1, 2026. On October 1, 2026 and thereafter, the Notes will bear interest at a floating rate equal to a benchmark rate (which is expected to be three-month term SOFR) plus 209 basis points, paid quarterly in arrears on each January 1, April 1, July 1 and October 1, through maturity or earlier redemption of the Notes. The offering of the Notes is expected to close on September 16, 2021, subject to customary closing conditions.

The Bank expects to use the net proceeds from the offering of the Notes for general corporate purposes, which may include, among other things, financing organic growth or strategic acquisitions, repurchases of shares of the Bank’s common stock, supporting the Bank’s regulatory capital levels and ongoing working capital needs.

Piper Sandler & Co. is acting as the book-running manager, and Crews & Associates, Inc. is acting as co-manager, for the Notes offering.

The Notes will be unsecured and subordinated obligations of the Bank and will rank junior in right of payment to all of the Bank’s existing and future senior indebtedness (including deposits and claims of general creditors). The Notes will not be guaranteed by any of the Bank’s subsidiaries or affiliates.

The Notes will be issued in reliance upon an exemption from registration under Section 3(a)(2) of the Securities Act of 1933, as amended (the “Securities Act”), because the Notes are being offered by a bank. The Notes will not be savings accounts or other deposits and will be neither insured nor guaranteed by the Federal Deposit Insurance Corporation. The Notes have not been and will not be registered under the Securities Act or under the securities laws of any state and may not be offered or sold absent registration or an applicable exemption from the registration requirements of the Securities Act and applicable state or other jurisdictions’ securities laws.

This press release does not constitute an offer to sell or a solicitation of an offer to buy the Notes in the offering, nor shall there be any sale of the Notes in the offering in any state or jurisdiction in which such an offer, solicitation or sale would be unlawful under the securities laws of any such jurisdiction.

GENERAL INFORMATION

Bank OZK (Nasdaq: OZK) is a regional bank providing innovative financial solutions delivered by expert bankers with a relentless pursuit of excellence. Established in 1903, Bank OZK conducts banking operations through more than 250 offices in eight states including Arkansas, Georgia, Florida, North Carolina, Texas, New York, California and Mississippi and had $26.61 billion in total assets as of June 30, 2021. Bank OZK can be found at www.ozk.com and on Facebook, Twitter and LinkedIn or contacted at (501) 978-2265 or P.O. Box 8811, Little Rock, Arkansas 72231-8811.

CAUTION ABOUT FORWARD-LOOKING STATEMENTS

This release and certain other communications by the Bank contain statements that constitute “forward-looking statements” within the meaning of, and subject to the protections of, Section 27A of the Securities Act of 1933 and Section 21E of the Securities Exchange Act of 1934. Such statements are based on currently available information and are subject to various risks and uncertainties that could cause actual results to differ materially from the Bank’s present expectations. Additional information regarding these risks and uncertainties is contained in the Bank’s filings with the FDIC. Undue reliance should not be placed on such forward-looking statements, as such statements speak only as of the date on which they are made and the Bank undertakes no obligation to update such statements.

Contact:   Tim Hicks (501) 978-2336